66% of income of 7 national parties in 2021-22 came from electoral bonds: ADR
New Delhi (PTI): More than 66 per cent of the total income of seven national parties in 2021-22 came from "unknown sources" like electoral bonds, which accounted for a whopping 83 per cent, according to the Association for Democratic Reforms (ADR).
The seven parties -- BJP, Congress, TMC, NCP, CPI, CPI(M) and the National People's Party -- collected Rs 2,172 crore from unknown sources in 2021-22, the NGO working for electoral reforms said, citing official data.
The income from unknown sources was 66.04 per cent of their total income. And, Rs 1,811.94 crore or 83.41 per cent of the income from unknown sources came through electoral bonds, it said.
The "unknown" sources are income declared in the annual audit report by these parties but without giving the source of income, according to the ADR.
At present, political parties are not required to reveal the name of individuals or organisations giving less than Rs 20,000 and those who donated via electoral bonds.
The ADR stated such unknown sources include donations via electoral bonds, sale of coupons, relief fund, miscellaneous income, voluntary contributions, and contribution from meetings/morchas.
During the financial year 2021-22, the BJP declared Rs 1,161 crore as income from unknown sources which is 53.45 per cent of the total income of national parties from unknown sources, it said.
"This income of BJP is Rs 149.86 crore more than the aggregate of income from unknown sources declared by the other six national parties (Rs 1,011.18 crore)," the ADR said.
The TMC declared Rs 528 crore as income from unknown sources which is 24.31 per cent of the total income of national parties from unknown sources.
Between 2004-05 and 2021-22, the national parties collected Rs 17,249.45 crore from unknown sources, it said.
The combined income of the Congress and NCP from sale of coupons between 2004-05 and 2021-22 stands at Rs 4,398.51 crore, the ADR said.
"It is to be noted that TMC's total donations as per the audit report are worth Rs 38 lakh (excluding donations via electoral bonds) but the party has declared donations worth Rs 43 lakh in the donations statement (details of donations above Rs 20,000). Hence, there is a discrepancy in the party's statement for FY 2021-22," the ADR said.
The CPI has declared donations through levy, membership fee, party funds and election funds.
The organisation said that for this analysis, eight national parties were considered but the BSP declared that it did not receive any funds from voluntary contributions from unknown sources of income.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Noida International Airport appoints Nitu Samra as interim CEO
New Delhi (PTI): Noida International Airport on Friday announced the appointment of its Chief Financial Officer Nitu Samra as the interim Chief Executive Officer after authorities denied permission for foreign national Christoph Schnellmann to be at the helm.
"This change follows directions issued by the Bureau of Civil Aviation Security (BCAS) that the Chief Executive Officer of an airport in India is required to be an Indian national," NIA said in a statement.
Samra will replace Schnellmann, a Swiss national who has led Noida International Airport (NIA) as the CEO since August 2020.
The regulatory issue related to the requirement of having an Indian national as CEO has been delaying the start of commercial operations of the airport, which was inaugurated by Prime Minister Narendra Modi on March 28.
Schnellmann will join the airport's Board of Directors as Executive Vice Chairman. In this role, he will continue to support the project and its transition to operations, the statement said.
With immediate effect, NIA said Samra has been appointed as the CEO on an interim basis until the Board of Directors can conclude a formal selection process.
Samra has been serving as the CFO since October 2021 and was closely involved in the airport’s development journey, overseeing financial stewardship, governance, and strategic planning during a key phase of the project, the statement added.
NIA will be operated by Yamuna International Airport Pvt Ltd (YIAPL), a subsidiary of Zurich Airport International AG, under a public-private partnership.
Originally scheduled to commence passenger services in September 2024, NIA is being developed in four phases, along with a dedicated cargo terminal. It received an aerodrome license from the aviation regulator Directorate General of Civil Aviation (DGCA) in March.
YIAPL Chairman Daniel Bircher said that since the inauguration of the airport by the Prime Minister, the goal was to enable the start of operations as early as possible.
"This management change brings the airport into compliance with Bureau of Civil Aviation Security requirements while maintaining continuity in the airport’s leadership team. The newly structured team will support a smooth transition into operations, guided by clear and transparent governance and a strong corporate culture," he said.
On March 28, Civil Aviation Minister K Rammohan Naidu said commercial flight operations from the airport would start in the next 45 to 60 days.
Among the largest greenfield airport projects in the country, NIA will initially have a capacity to handle 12 million passengers per annum.
Once fully developed, the airport will have a total passenger handling capacity of 70 million.
The first phase of NIA has been developed at an investment of around Rs 11,200 crore. 'DXN' is the code for the airport.
The airport features a 3,900-metre runway capable of handling wide-body aircraft, along with modern navigation systems, including Instrument Landing System (ILS) and advanced airfield lighting.
The peak handling capacity in the first phase will be 30 flights per hour.
In the first phase, there will be 28 aircraft stands, and the projected cargo capacity is around 2.5 lakh tonnes.
Terminal 1 of the airport is spread across 1,37,985 square metres with 48 check-in counters. Over 40 acres of land have been earmarked for developing MRO (Maintenance, Repair and Overhaul) facilities at the airport.
